GTAIUSDT SPOTLong
GTAIUSDT (Crypto)
🏦 #GTAIUSDT (GT Protocol)
🕓 Time Frame : 4H
🔼 Status : Bullish
📆 26/07/2024
Overview:
Let's dive into another analysis of #GTProtocol! The price moved exactly as expected, rising from the identified demand zone and achieving a solid 25% growth, hitting the target at $0.91 where the liquidity pool was located. This was followed by a price correction. Over the past two weeks, this analysis has yielded a total return of over 65%.
Key Observations:
Initial Rise: The price rose from the demand zone and achieved 25% growth, reaching $0.91.
Correction: After hitting the target, the price experienced a correction.
Current Market Situation:
Demand Zone: The price has returned to the demand zone between $0.63 and $0.67.
Stabilization: If the price stabilizes above this crucial level, another upward move is anticipated.
Forecast:
Short-Term Return: Expected return of 40%.
Medium-Term Return: Potential to exceed 70%.
Conclusion:
GTProtocol's price action has followed the expected path, achieving significant gains. With the price back in the demand zone, the potential for further growth remains strong if stabilization occurs above the $0.63 to $0.67 range.
Keep an eye on the 7400 level, it may cause stress :)
🕓 Time Frame : 4H
🔼 Status : Bullish
📆 26/07/2024
Overview:
Let's dive into another analysis of #GTProtocol! The price moved exactly as expected, rising from the identified demand zone and achieving a solid 25% growth, hitting the target at $0.91 where the liquidity pool was located. This was followed by a price correction. Over the past two weeks, this analysis has yielded a total return of over 65%.
Key Observations:
Initial Rise: The price rose from the demand zone and achieved 25% growth, reaching $0.91.
Correction: After hitting the target, the price experienced a correction.
Current Market Situation:
Demand Zone: The price has returned to the demand zone between $0.63 and $0.67.
Stabilization: If the price stabilizes above this crucial level, another upward move is anticipated.
Forecast:
Short-Term Return: Expected return of 40%.
Medium-Term Return: Potential to exceed 70%.
Conclusion:
GTProtocol's price action has followed the expected path, achieving significant gains. With the price back in the demand zone, the potential for further growth remains strong if stabilization occurs above the $0.63 to $0.67 range.
Keep an eye on the 7400 level, it may cause stress :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.